TradeCityPro | Blur : Dynamic Support Holding👋 Welcome to TradeCityPro!
In this analysis, I will explore Blur, a gaming project, focusing on the daily timeframe to assess its current price action and potential scenarios.
📅 Daily Timeframe: Correction to Dynamic Support
On the daily chart, Blur has been following an ascending trendline that acts as a dynamic support, propelling the price upward after every interaction.
🔍 Recently, the price experienced a fake breakout below this dynamic support, which was quickly followed by increased buying volume and a surge in bullish momentum. As a result, Blur managed to break through the $0.2827 and $0.3314 resistance levels, climbing as high as $0.4438.
🔽 Currently, the price has corrected in two stages and returned to the $0.2827 level, which aligns with the dynamic support. The RSI, after breaking below the 50-level, has supported this deeper correction. If the dynamic support fails to hold and the price trend shifts, the primary support will be at $0.1464.
📈 If the resistance at $0.4438 is breached, the first target is $0.5539, a notable resistance level. The main target is $0.8077, the ATH, which doubles as a critical supply zone due to its significance in price history.
✨ The RSI lacks a clear bullish trigger currently, as no new structure has formed. However, if RSI confirms a bullish momentum resurgence and trading volume increases, the chances of breaking through $0.4438 will significantly improve.
🔑 Market Sentiment and Advice
The market is currently undergoing broad corrections, causing FOMO and uncertainty among traders. However, these pullbacks are natural and essential for sustaining the market’s broader uptrend.
💥 Here’s a reminder for effective trading during volatile times:
Avoid impulsive decisions driven by fear or greed.
Ensure risk and capital management is a priority. Proper management safeguards you from significant losses during corrections, preserving capital for long-term growth.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️ above.
DEFI
#SPELL (SPOT-INVEST) IN(.00051- .00070)T.(.0120) SL( .0004663)BINANCE:SPELLUSDT (DEFI)
Entry (.00051- .00070)
SL 1D close below 0.0004663
T1 .0020
T2 .0028
T3 .0044
T4 .0120
Extra Target .0200
1 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
______________________________________________________________
This trade advices.
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1- this coin may give you more than 10X in the end of bull market if you could hold it with market volatility
2- after crossing .002 nothing will stop this coin to achieve all the targets
______________________________________________________________
Golden Advices.
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* collect the coin slowly in the entry range.
* Please calculate your losses before the entry.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
Useful Tags.
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My total posts
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#Manta #OMNI #DYM #AI #IO #XAI #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #VOXEL #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH #AST #PORTAL #CYBER #RIF #ENJ #ZIL #APT #GALA #STEEM #ONE #LINK #NTRN #COTI #RENDER #ICX #IMX #ALICE #PYR #PORTAL #GRT #GMT #IDEX #NEAR #ICP #ETH #QTUM #VET #QNT #API3 #BURGER #MOVR #SKL #BAND #ETHFI #SAND #IOTX #T #GTC #PDA #GMX #REZ #DUSK #BNX #SPELL
Phemex Analysis #45: Pro Guide to Enter ENA - The DeFi Giant!Ethena Labs, the force behind the ENA token ( PHEMEX:ENAUSDT.P ), is making waves in the decentralized finance (DeFi) space. Its synthetic stablecoin, USDe, recently became the third-largest stablecoin by market cap, marking a milestone for decentralized finance. Adding to this success, Ethena introduced USDtb, a stablecoin backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL). This strategic partnership bridges the gap between traditional finance (TradFi) and DeFi, offering a credible and secure platform for institutional investors to participate in the evolving digital asset space.
ENA holders stand to benefit significantly from these developments. As the native token of the Ethena ecosystem, ENA is central to governance, stability mechanisms, and incentives tied to USDe and USDtb. With a growing ecosystem and increased adoption, ENA’s value proposition continues to strengthen, presenting a compelling opportunity for traders and investors.
When to Enter ENA?
The market for ENA/USDT is dynamic, influenced by broader crypto trends, including Bitcoin’s price movements. Key support levels offer potential entry points for different risk appetites:
Weak Support: $0.90
This level might hold if Bitcoin maintains its current momentum. However, if Bitcoin drops to the $90,000 area, this support could break.
Medium Support: $0.79 & $0.68
These levels present a higher probability of entry and are ideal for traders seeking to accumulate ENA while managing risk effectively.
Strong Support: $0.60 & $0.50
If the market takes a bearish turn, these levels are likely where the price will stabilize, offering a safer entry for risk-averse investors.
Entry Strategy for ENA
1. Placing Entries Near Support Levels
Decide your risk tolerance and position accordingly:
• For aggressive traders, consider entering at higher support levels, such as $0.90 or $0.79.
• For risk-averse investors, place orders closer to $0.68 or the stronger supports at $0.60 and $0.50, though you may risk missing the entry if the price rebounds early.
2. Utilizing Scaled Orders on Phemex
Phemex’s scaled order feature is an excellent tool for entering positions.
For Example: If your target is the medium support range ($0.79-$0.68), set a scaled order to gradually accumulate ENA across this range. This approach minimizes risk while ensuring you don’t miss out entirely if the price rebounds from higher levels.
Conclusion
The recent positive developments surrounding ENA, including the success of USDe and the introduction of USDtb, highlight the token’s growing importance in the DeFi landscape. These innovations are likely to attract significant capital inflows, benefiting ENA holders as the ecosystem expands.
By carefully selecting entry points and employing strategies like scaled orders, traders can position themselves to capitalize on ENA’s growth potential while managing downside risk. Whether you are a high-risk investor targeting immediate support levels or a conservative trader waiting for deeper corrections, ENA presents a compelling opportunity to participate in the DeFi revolution.
Trade wisely and leverage these strategies to secure your place in the future of decentralized finance.
Tips:
Trade Smarter, Not Harder with Phemex. Benefit from cutting-edge features like multiple watchlists, basket orders, and real-time strategy adjustments. Our unique scaled order system and iceberg order functionality give you a competitive edge.
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
TradeCityPro | ENA : Navigating Parabolic Growth👋 Welcome to TradeCityPro!
In this analysis, I’m reviewing the ENA token, which belongs to the Ethena project operating within the Ethereum ecosystem. This project has successfully ranked among the top 10 DeFi projects by TVL.
📅 Daily Timeframe: Parabolic Trend and Reaction to Supply Zone
This token was recently launched and distributed its airdrop approximately 9 months ago to its users. After the airdrop, the project faced significant selling pressure, with its price reaching new historical lows of $0.2619 and then $0.2020.
👑 As Bitcoin began its bullish movement and broke its important 72k resistance, ENA also gained momentum, with increasing purchase volumes. It managed to fully recover and return to its ATH at $1.45.
📈 In this upward trend, ENA has undergone two re-accumulations, one under the $0.4234 resistance and the second under the $0.6844 resistance. These consolidation phases beneath critical zones help maintain a healthy uptrend without overly sharp corrections. However, the parabolic nature of the trend still suggests a higher risk of sharp retracements.
🔽 Currently, as the price has reached the ATH ceiling—a strong supply zone—the likelihood of corrections has increased.
📉 In case of a downward move:
The first support is the curved ascending trendline, acting as a dynamic support.
If the trendline is broken, the next support lies at $0.6844, which seems logical during a correction phase.
The final critical support is at $0.4234, and breaking it would signify the end of this bullish trend. The market would then require building a new structure for further momentum, either upward or downward.
🧩 From a technical perspective, volume is aligning well with price movements, confirming the upward trend. Meanwhile, the RSI above 50 indicates that corrections are less likely to lead to sharp declines unless the 50 level is breached.
🚀 If the ATH at $1.45 is broken, the next targets would be $2, $2.5, and $3.2, based on 6-month pivot points. Monitoring these levels closely for potential trend reversals is advisable.
⏳ 4-Hour Timeframe: Futures Triggers
In this timeframe, the focus is on specifying futures triggers for both long and short positions.
🔼 The market has managed to recover entirely from its correction and is among the few coins to successfully engulf its entire pullback.
📈 Breaking the $1.2423 resistance could confirm a long setup. However, trading in the $1.2423–$1.45 supply zone will be challenging due to its significant resistance.
📉 It’s recommended to wait until the $0.8550 level is breached for a short position. This would signal a trend reversal, providing a safer entry for shorts.
Currently, given the strong resistance, it’s better to avoid opening short positions without a confirmed trigger.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️ above.
Pulsechain season has already kicked off. 2X vs SOLANAHave you heard about Pulsechain? It's an Ethereum EVM side chain that comes with a complete historical system state.
Pulse has really made its mark, boasting a vibrant community and a solid foundation, with a total value locked (TVL) of around $800 million, which is notably higher than Cardano's $500 million.
The EVM aspect of Pulsechain also means it can be upgraded, similar to Fantom's sonic technology and the anticipated Ethereum 3.0 in the future.
When we examine the technical aspects, we notice a significant decline in value compared to Solana up until last summer. However, we've seen a bottoming pattern forming, indicating a transition from a bear market to a bull market.
In conclusion, there are strong indications that Ethereum and its EVM side chains could experience substantial growth as we approach spring.
This double bottom chart pattern suggests a potential doubling of PLS compared to SOL, which would be a fantastic validation for the founder and its supporters.
$RUNE is in an uptrend channelCRYPTOCAP:RUNE is an excellent DEFI blockchain that currently appears undervalued, taking time to recharge its momentum.
The price is trending upwards, with a short-term target of **$7**.
If you took advantage of the opportunity to accumulate in my **green box**, as outlined in a previous idea, you're well-positioned for solid profits. Stay patient and enjoy the ride! 🚀
TradeCityPro | ENS : Navigating Critical Levels👋 Welcome to TradeCityPro!
In this analysis, I’ll evaluate ENS across the daily and 4-hour timeframes. This Web3 project offers an innovative service allowing users to purchase wallet domains, making it a standout in its sector.
📅 Daily Timeframe: Pullback to the Critical Zone
On the daily timeframe, ENS has been trading within a broad range since early 2024, oscillating between $12.44 and $32. Despite the large range and significant price volatility, the market hasn’t established a clear trend, repeatedly moving from the bottom to the top of this box.
📈 Recently, alongside Bitcoin’s ATH breakout, ENS broke through the $20.92 resistance, which marked the Medium Wave Cycle resistance. This breakout introduced strong bullish momentum, leading to the price surpassing the $32 resistance as well. After breaking this level, the price retraced to $32 for a pullback and is now preparing for another upward movement.
✨ The next significant resistance for ENS is $47.96, a level previously tested once before. Currently, the price is approaching this zone for a second test. Despite the negative divergence observed in the RSI and trading volume, this is typical in high-momentum uptrends. A successful breakout of $47.96 could propel the price toward the ATH at $77.99.
🔽 In case of a pullback, the $32 zone remains critical support, already tested once. For deeper corrections, the $20.92 level is the next important zone, and losing this level would entirely erode the bullish momentum, pushing the price toward $15.83 and potentially $12.44.
✅ The range between $12.44 and $15.83 represents a key demand zone, which could act as a significant barrier against further declines. For deeper corrections, the first RSI trigger would be a breakdown below 54.66.
⏳ 4-Hour Timeframe: Futures Triggers
In the 4-hour timeframe, I’ll focus specifically on futures triggers, as the main scenarios were detailed in the daily timeframe.
🔼 A breakout above $48.59 provides a suitable long entry. Defining precise targets in advance is challenging, as potential targets come from historical price levels. It’s better to wait for the price to establish a new structure and use that to identify subsequent resistance levels.
📉 A breakdown below $40.96 is a highly risky short entry, with low confidence in hitting the target. However, if a deep correction begins, this trigger could yield significant profits.Additional support levels include $32.86, $25.65, and $21.36. Breaking each of these could activate further short triggers, but for now, all short setups carry significant risk, as the market hasn’t confirmed a trend reversal.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️ above.
TradeCityPro | ETH : Testing Key Levels with Volume Weakness👋 Welcome to TradeCityPro!
In this analysis, I’ll review Ethereum (ETH) across the daily and 4-hour timeframes. For a deeper perspective and additional timeframes, you can check my previous analysis linked in the Related Publications section.
📅 Daily Timeframe: Retesting the 4029 Zone
On the daily timeframe, ETH is respecting a weekly ascending trendline that has shown significant reactions. In the Accumulation Zone between 2199 and 2760, the price responded three times, leading to a breakout and a strong upward movement toward the 3547 resistance.
🚀 The 3547 resistance initially seemed strong, but given the market’s high momentum, it was broken on the first attempt, allowing the price to test the critical 4029 resistance.
✅ The 4029 level is extremely significant, as a breakout here could initiate Ethereum’s primary bullish trend, with the next target being the ATH resistance at 4833. Higher targets were detailed in my previous analysis, accessible in the Related Publications.
🔍 However, 4029 is also a major supply zone, where many long-term ETH holders might take profits, increasing the likelihood of a correction. ETH already retraced once to 3547, which now acts as a minor support. In case of a deeper pullback, the price could revisit the Support Zone marked on the chart.
🧩 Signs of a possible correction include the RSI breaking below 50, decreasing buying volume, and increasing selling pressure.
📉 If the Support Zone fails, the bullish momentum will temporarily fade, invalidating the current uptrend. In this case, the weekly ascending trendline becomes the first key support, followed by 2199, a critical demand zone and the “last line of defense” for ETH.
⏳ 4-Hour Timeframe: Moving in an Ascending Channel with Declining Volume
On the 4-hour timeframe, ETH is moving within an ascending channel, which is clearly visible across many charts. Currently, the price is interacting with the midline of this channel.
🔽 Following the first test of the 4059 resistance, market volume has been decreasing, and ETH has been ranging between 3547 and 4059. Additionally, the RSI is showing a bearish divergence, with a trigger confirmation if the RSI drops below 50.
🔑 These signs of trend weakness could lead to a correction or even a potential trend reversal. However, it’s important to note that in High Wave Cycles (HWC), it’s natural to see temporary weaknesses in the Low Wave Cycle (LWC) or Medium Wave Cycle (MWC), as the overall trend remains bullish.
✨ Given this context, I still view ETH’s trend as bullish. While the 4-hour timeframe shows slight weakness, this hasn’t significantly impacted the broader market momentum. A breakout above 4059 would validate a long position.
💥 On the downside, if a correction occurs, the support zones highlighted in the daily timeframe remain key areas for potential reversals. If the correction is shallow, the channel’s lower boundary will act as a strong support.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️ above.
Renzo (REZ)REZ Analysis
🔹 Overall Status:
After an initial drop, REZ coin has been fluctuating within a range box (yellow zone) between 0.03070 - 0.05034 and has recently broken above the upper limit of the box, moving upwards. Currently, the price is pulling back to this broken range zone.
🔹 Key Levels:
1️⃣ Support Levels:
Bottom of the range box: 0.033 - 0.030
0.618 Fibonacci retracement: Current potential support area
2️⃣ Resistance Levels:
Daily resistance zone (red): 0.065
Bullish Targets:
First Target: 0.17279 - 0.21604 (1 Fibonacci level)
Second Target: 0.40065 - 0.50092 (1.618 Fibonacci level)
Third Target: 2.09323 - 2.61712 (2.618 Fibonacci level)
🔹 RSI and Entry Signals:
RSI is currently in an ascending channel on the daily timeframe and is at the bottom of the channel, suggesting potential support and continuation of the uptrend.
A move of RSI into the overbought zone, along with a breakout of key resistances, could signal a stronger entry point.
🔹 Scenarios:
✅ Bullish Scenario:
If the price stabilizes above the 0.065 daily resistance (red) with increasing trading volume, a move towards Fibonacci targets becomes more probable.
⚠️ Bearish Scenario:
If the price fails to stabilize above resistance, a correction towards the range box bottom (0.033 - 0.030) could occur.
🔹 Trading Volume:
Monitoring the increase in volume when breaking the daily resistance is crucial, as it could signal a sharp move.
🔹 Conclusion:
Safe Entry: After price stabilizes above the red resistance zone with increased volume.
Risky Entry Zones: Near the range box support levels and 0.618 Fibonacci retracement.
📊 Confirmations:
Breakout of daily resistance with high volume
Support from RSI at the bottom of the ascending channel
Reaction to Fibonacci levels
🔑 Recommendation: Always prioritize capital management. Set a stop-loss at the breakdown of the 0.030 support zone.
TradeCityPro | FTM : Evaluating Parabolic Trends👋 Welcome to TradeCityPro!
In this analysis, I’ll review another coin from our weekly watchlist, FTM (Fantom). Previously, I analyzed this coin, highlighting the breakout trigger at 0.8401. If you entered a position or bought in the spot market, you likely secured solid profits. Let’s re-evaluate this coin with fresh insights, analyzing it on the daily and 4-hour timeframes.
📅 Daily Timeframe: Weekly Resistance Break with Trend Weakness
On the daily timeframe, FTM is exhibiting a parabolic trend accompanied by a curved ascending trendline. So far, the price has reacted to this trendline three times, each time resuming its upward movement and ending corrections.
📈 In the last leg of the uptrend, after breaking the 0.7707 resistance, the price surged to the weekly resistance zone at 1.1116. The price even stabilized above this level; however, the trend is not in an ideal state.
🔍 Following the breakout of 1.1116, candle sizes have gradually shrunk, corrections have deepened, and volume has been declining. Additionally, the RSI is showing signs of a divergence that hasn’t yet materialized but could influence the chart upon a breakdown below 55.74 on the RSI.
🔑 A notable aspect of sharp trends and pre-pump movements is their inherent trend weakness and potential for reversals. Interestingly, when trend weakness peaks, the trend often resumes sharply with large candles, nullifying all indicators of weakness and aligning them to support the trend.
🔼 If the trend continues, the first resistance level, a minor resistance, is at 1.6218. If the price stabilizes above this zone, the next resistance lies at 3.2506, the strongest resistance for FTM. This zone is near the ATH and represents a major supply area.
📉 In case of a correction, the first immediate support is the curved trendline, which the price may react to. If this trendline breaks, the next levels are 1.1116 and 0.7707. A stabilization below 0.7707 would invalidate the bullish scenario, and the price could target supports at 0.5349 and possibly 0.2928.
⏳ 4-Hour Timeframe: Moving Within an Ascending Channel
On the 4-hour timeframe, the price is moving within an ascending channel and is currently interacting with the channel's midline. So far, the channel's bottom has provided strong support. As long as the price remains within this channel, no sharp movements are expected.
🚀 If the channel breaks upward, two scenarios may occur:
Trend Exhaustion: The price could re-enter the channel, leading to a loss of bullish momentum and increasing the likelihood of breaking the channel downward.
Parabolic Continuation: The price could break the channel with high momentum and large candles, initiating a new parabolic uptrend.
The next static resistance is at 1.636, a suitable futures trigger level. However, the price has not reacted to this zone yet, so it’s safer to seek long positions based on Dow Theory and channel breakouts.
🔽 For short positions, I would personally wait for a channel breakdown and possibly a break below 1.0957, although this would be a high-risk setup. Instead, I prefer to wait for a clear trend reversal on the High Wave Cycle or Medium Wave Cycle before entering.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️ above.
AAVE - An underpriced gem I checked many different assets on the market and one of the most promising from both fundamental and technical points of view is BINANCE:AAVEUSDT
Currently ranked #47 at CMC it is the largest lending protocol. At only <$3 Bln. mkt cap its total lending volume is more than $10 bln. For sure during this bull run there will be a DeFi cycle and AAVE will not be left out.
DEFI has been hot again, how do things look on the COMP chart?Lets take a look at what the charts and indicators have to say.
Structure and Price Action:
**Symmetrical Triangle Formation**:
The chart shows a clear symmetrical triangle, indicating a period of consolidation following a sharp upward movement. Symmetrical triangles are neutral patterns but typically resolve in the direction of the preceding trend, which is bullish in this case.
**Downward Red Trendline**:
The descending resistance line has formed, creating consistent lower highs. This indicates selling pressure at each attempt to move higher.
**Ascending Support Line**:
The upward green support line is holding, forming the triangle's lower boundary. This support has been tested multiple times and remains a key level.
**Consolidation Zone**:
Price is currently trading in a narrowing range, respecting both the upward and downward trendlines, signaling indecision and a pending breakout.
Support and Resistance:
**Immediate Resistance**: $110–$115 (aligned with the descending red trendline and near-term resistance).
**Key Support Levels**:
$100: Critical psychological and structural support.
Below $100: Next key support around $90 (aligned with the green order block zone).
Indicators:
Moving Averages (EMA 20/50/100/200):
Price is attempting to reclaim the **EMA 20** (~$107), which suggests cautious short-term bullish momentum.
The **EMA 50** (~$108) is acting as resistance, which needs to be cleared for further upside.
Long-term support sits at the **EMA 100/200** (~$106.5 and $85), providing structural strength if the price falls lower.
Money Flow Index (MFI):
MFI is at **34.94**, indicating the market is approaching oversold levels. This suggests the potential for a rebound if buyers step in.
Stochastic RSI:
The Stochastic RSI has turned upward from **oversold territory** and is crossing upward. This signals possible short-term bullish momentum.
However, a failure to reclaim resistance could result in a false signal and continued downward movement.
Volume:
Recent volume during the triangle consolidation remains **low**, reflecting indecision among market participants.
A breakout with strong volume will confirm the next directional move.
Pattern Analysis:
The **symmetrical triangle** pattern suggests a major move is imminent.
Given the strong preceding uptrend, the pattern leans slightly bullish. However, failure to hold support at $100 could shift momentum downward.
Probabilistic Outlook:
Bullish Breakout (Primary Scenario):
If price breaks above $110 (descending trendline resistance), it will signal a continuation of the prior uptrend.
Key upside targets:
**First Target**: $115–$120
**Second Target**: $125–$130 (previous highs)
Bearish Breakdown (Alternate Scenario):
If price breaks below $100, it invalidates the ascending support line and signals a bearish reversal.
Key downside targets:
**First Target**: $90 (order block zone)
**Second Target**: $85–$80 (EMA 200 zone and additional order block).
Key Signals to Watch:
A breakout above the descending red trendline (~$110) = **Bullish confirmation**.
A breakdown below $100 = **Bearish confirmation**.
Volume spike during the breakout or breakdown will validate the move.
Conclusion:
The chart shows **neutral consolidation** within a symmetrical triangle. The slight bullish bias comes from the prior strong uptrend, but a breakdown below $100 would shift momentum bearish. A breakout above $110 with volume will confirm bullish continuation, while a break below $100 will target further downside. Monitor price action closely around these key levels.
TradeCityPro | FXS : Signs of a Bullish Momentum Surge👋 Welcome to TradeCityPro!
In this analysis, I will evaluate the FXS token. This token belongs to the Frax project, which is considered one of the most comprehensive protocols in DeFi. It could be a strong investment for a bullish market portfolio.
📅 Weekly Timeframe: Early Signs of Bullish Momentum
On the weekly timeframe, we observe significant selling pressure right from the beginning of the chart. This selling pressure has driven the price down twice: once from the 38.917 resistance to the 4.468 support, and again from 11.859 to 1.613. Notably, this is one of the few coins that has yet to revisit the lows it formed in early 2023.
📊 Despite the significant decline, market volume has consistently increased, and overall, buying volume has been greater than selling volume.
📈 Currently, in line with Bitcoin’s upward movement, FXS has also rebounded from its 1.613 low and climbed to the 4.468 zone. This upward movement occurred after breaking the 34.90 resistance on the RSI, which introduced considerable bullish momentum into the market.
✅ If the 4.468 resistance is broken, the next targets are 7.515 and 11.859. These two resistances mark the goals for the next upward movement if it continues, with 11.859 being a key critical resistance for this coin.
🚀 Breaking the 11.859 resistance will be challenging. However, if the market gains substantial momentum, FXS could break through all resistances with a large bullish candle and head towards higher targets. On the other hand, a gradual and steady approach towards this level would make breaking it significantly harder.
🔼 If this resistance is broken, additional bullish momentum could enter the market, enabling the price to move towards the 38.917 zone and potentially reach new all-time highs (ATH).
🔍 To explore more scenarios, let’s examine the daily timeframe for detailed insights.
📅 Daily Timeframe: Struggling Against Key Resistance
In the daily timeframe, the latest upward movement in price is visible in more detail. As seen, after the last touch at 1.613, there was a massive and notable increase in buying volume. However, upon reaching the 4.819 resistance, a Blow Off candle was formed, marking the end of this trend’s upward leg.
📉 Currently, the price is in a corrective phase and has fallen below the 3.97 zone. If the correction continues, there is a significant resistance zone close to the 2.346 support level that I’ve highlighted. Should the RSI stabilize below the 53.46 support level, the likelihood of a deeper correction will increase.
🧩 Conversely, if the 4.819 resistance is broken, we could expect another rally for the price. The targets for this rally have been identified in the weekly timeframe analysis
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️ above.
Ethereum (ETH)Ethereum Technical Analysis (ETH/USDT)
📊 Timeframe: Weekly and Daily
🔍 Current Status: Ethereum is in a long-term ascending channel and is currently attempting to break through its weekly resistance zone (red area).
📈 Bullish Analysis (Scenario 1)
Weekly Resistance and Price Stabilization:
Ethereum is currently facing weekly resistance (red zone).
Stabilizing above this resistance could pave the way for a new ATH (All-Time High).
Bullish Targets (Fibonacci Levels):
First target after breaking resistance:
Top of the ascending channel
Fibonacci 1.618 zone, which serves as a significant resistance.
If the channel’s top is broken, parabolic moves can be expected.
Further targets include:
Fibonacci 2.272 and 2.618 levels
Reaction to the Trendline:
By connecting the previous two highs of Ethereum, a trendline is formed.
Increased volume could trigger a price reaction to this line.
This trendline overlaps with Fibonacci 3.272 and 3.618 levels.
Achieving these targets will require significant capital inflows due to ETH’s high market cap.
RSI Indicator:
A rising channel is visible on the RSI.
Entry into the overbought zone could trigger a parabolic move towards the RSI channel’s ceiling.
If hype and volume increase, the RSI ceiling may break, extending into the overextended zone.
📉 Bearish Analysis (Scenario 2)
If Ethereum fails to break the weekly resistance:
A correction towards Fibonacci 0.382 and 0.5 levels is likely.
Failing to hold these levels may bring the price down to the lower boundary of the descending channel.
If selling pressure increases:
The price may move towards the weekly blue support zone.
🔗 Conclusion:
Ethereum is at a critical resistance level. Breaking and stabilizing above the weekly resistance could push ETH to higher Fibonacci targets and new ATHs. If the resistance holds, a correction towards Fibonacci support levels is possible.
📌 Key Point: High volume inflows and RSI movement will play a critical role in fulfilling the bullish scenario.
💎 Key Fibonacci Levels:
1.618 🔹 Initial Resistance
2.272 and 2.618 🔹 Higher Targets
3.272 and 3.618 🔹 Final Targets
📊 Daily Timeframe: Watch for potential corrections to Fibonacci 0.382 and 0.5 support levels.
TITANX is about to 25X *** CUP & HANDLE***TITANX has created an impressive and substantial cup and handle pattern on the weekly chart.
This is exciting news as the ecosystem is currently experiencing DEFLATION and is on the verge of becoming HYPER DEFLATIONARY.
The complete logarithmic projection indicates a potential 25X increase, which I firmly believe can be achieved and even exceeded given the strong fundamentals of this ecosystem.
This rapidly expanding community which has proven its resilience, showcasing innovation and leading the charge in a fairly launched, sustainable crypto economy that is ideally positioned for the remainder of the crypto bull cycle.
Can you name another token that is actively buying and burning hundreds of thousands of dollars of its own supply every single day? If you do, I’d love to hear about it!
TradeCityPro | UNI : Maintaining Bullish Momentum👋 Welcome to TradeCityPro!
In this analysis, I’m going to review the UNI coin. The Uniswap project is a decentralized exchange (DEX) with one of the highest Total Value Locked (TVL) in DeFi. It has a native token named UNI.
📅 Daily Timeframe: Breakout of the Key High Wave Cycle Resistance
On the daily timeframe, after the price first reached the 14.895 resistance level, it was rejected and entered a downtrend, eventually hitting the 5.591 support with a Selloff candle.
📈 Once the price reached this support, the market momentum gradually shifted, and after breaking through the 8.403 resistance, momentum turned fully bullish. Even the key resistance of 14.895 was surpassed, pushing the price to the 18.979 zone.
🔽 After initially reaching the 18.979 resistance, the price showed a corrective candle, retracing back to 14.895 as a pullback. Following this, the price rallied again to 18.979, maintaining its upward momentum.
📊 Throughout this upward movement, the volume has consistently confirmed the trend and shown convergence. Additionally, after breaking 8.403, the RSI oscillator entered the Overbuy zone, indicating the bullish momentum is intact.
🚀 If 18.979 is broken, the major resistance levels to watch are 28.968 and 43.088. While there are additional resistance zones along the way, these two hold greater significance.
📉 Correction Scenario
In the event of a correction, the first significant level is 14.895, which has already acted as a pullback zone once. A deeper correction could see the price revisiting the 8.403 support.
✨ If this level is broken, market momentum will likely turn bearish. In such a case, the 5.591 and 3.857 levels will serve as the final strongholds for UNI.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Stargate finance ( STG)Stg usdt Daily analysis
Time frame 4 hours
Risk rewards ratio >1.3 👈
Stg is an omnichain-native asset bridge designed to solve the blockchain trilemma , which says blockchain can be desensitized, secure and fast simultaneously.
STG is a good and promising currency in the crypto market. Given the strong team it has, I expect very good growth. Although STG has strong competitors in DeFi such as Polkadot. One of the advantages of StG over Dot is its speed of operation, and of course it has other advantages.
Technical analysis:
Stg is moving between 2 parallel line for 8 week. It's very good movement for traders.
Buy in down and sell in up. But I think in alt season STG will break this parallel and pump. But I have a short time analysis.
When STG break the upper side , I'll reach my target and start to another analysis to higher target
TradeCityPro | AXL : Steady Uptrend & Potential Breakout Ahead👋 Welcome to TradeCityPro!
In this analysis, I will review AXL, the token of the Axelar project, which serves as a Crosschain platform and also features a blockchain explorer.
📅 Daily Timeframe: Uptrend and SMA Slope Change
On the daily timeframe, we observe a steady and gradual uptrend with a low slope. A clear ascending trendline is also visible, which has been tested by the price four times so far.
📈 The token has broken out of its box’s ceiling at 0.8318, but it hasn’t started its main bullish movement yet. A pullback to this level has occurred, and if 1.1281 is broken, the price could initiate its primary upward wave.
👀 Apart from the 1.1281 resistance, there is another significant resistance at 1.2781, located near this zone. Thus, the range between 1.1281 and 1.2781 forms a strong resistance zone, and breaking above this area could mark the start of the uptrend.
🧩 Given the upward slope of the SMA99, I believe we will soon see its influence, pushing the price higher.
🚀 If this zone is broken, the next targets are 1.6587 and 2.2828, with the second target being close to the ATH.
📉 Correction Scenario
In the event of a correction, the first key area is 0.8318, which has already been tested once and held firm. For deeper corrections, the initial zone to watch is the ascending trendline, and if the trendline breaks, 0.6386 becomes the next notable support.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
$TLOS Weekly - Fastest, Cheapest & Reliable Web3 ProductTelos released EVM 2.0 Upgrade
See below:
We are pleased to announce that as of November 20, 2024, Telos EVM version 2.0 has been successfully deployed to production. It is now accessible at:
Mainnet: rpc . telos . net
Testnet: rpc . testnet . telos . net
Key Features and Technical Considerations
This significant upgrade brings our network closer to feature parity with Ethereum while reducing the install footprint. However, there are a few technical considerations to note:
EIP-1559 Support
The fee market change introduced in the London hard fork (EIP-1559) is still under development and not yet supported.
Long-Running Operations
Long-running multicall (eth_call) read-only operations will no longer time out.
Long-running transactions, however, remain constrained and should be batched.
Solidity Version Limitations
No new changes to Solidity version compatibility. Version 0.8.23 is fully supported, and 0.8.24 is partially supported. See more details here.
Transitioning to Version 2.0
To modernize our infrastructure, we will discontinue support for EVM versions 1.0 and 1.5 in phases. Partners should prepare for this transition to avoid disruption.
Block Hash Calculation Changes
Version 2.0 introduces a new block hash calculation methodology:
Partners not relying on block hashes can migrate seamlessly.
For those dependent on block hashes (e.g., exchanges, indexers, subgraphs), re-indexing the chain may be required.
Note: Transaction hashes remain unchanged.
Rate-Limiting for Legacy Versions
Effective January 6, 2025, we will begin rate-limiting all Telos hosted 1.x RPC infrastructure:
Initial limits: 50 requests per second
Further reductions will follow to encourage migration to version 2.0.
Deprecated RPC Endpoints
The following Mainnet RPC endpoints will soon no longer be supported:
mainnet. telos. net/evm
mainnet15. telos. net/evm
mainnet-us. telos. net/evm
mainnet-eu. telos. net/evm
mainnet-asia. telos .net/evm
Resources for Node Operators
If you are interested in running your own Telos EVM node, detailed resources are available:
Installer Script and Documentation: GitHub Repository
Support: Telos Developer Community
Next Steps
We strongly encourage all partners to begin migrating to Telos EVM 2.0 as soon as possible to take advantage of its enhanced capabilities and ensure uninterrupted service.
Best regards,
Telos Core Developers
TradeCityPro | AEVO : Accumulation Box with Potential for Growth👋 Welcome to TradeCityPro!
In this analysis, I’m going to review the AEVO coin. This project operates in the Premarket space, providing users with charts of coins before they are listed, enabling them to trade within this market.
📅 Daily Timeframe: Accumulation Box
On the daily timeframe, we observe a ranging accumulation box that, unlike most altcoins, has not been broken yet and remains below the resistance level of 0.6160.
💪 There is a critical zone at 0.4472 that acted as a strong resistance prior to being broken. After the breakout, during a market correction, this zone prevented a deeper price drop and provided a strong recovery for the coin.
✨ The RSI indicator has shown a very strong positive divergence since the beginning of the chart, featuring five lows. Currently, this divergence is active and could reflect its influence on the chart.
🛒 The key area right now is 0.6160. If this level is broken, the accumulation box will also break, and we can expect the divergence to manifest its effect on the price action.
📈 Upon breaking this level, the next resistance levels are 0.7776 and 1.0775. The next major resistance is the ATH, located at 3.6599. Considering the project's low market cap, reaching this target is plausible if sufficient buying volume enters the market.
🤝 If you already hold AEVO and are in profit, I recommend continuing to hold, as the coin has not moved significantly yet. Given its high potential, it’s worth holding at least until 0.7776 or 1.0775.
🔽 Correction Scenario
If the price corrects, the first significant area is 0.4472, which has been tested once and has proven to be very robust. In the event of a deeper correction, 0.2823 is the most critical level on this chart and represents the coin’s final stronghold.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Reasonable purchase...hello friends
By examining the LDO currency, we came from the DEFI field.
This coin is generally in a range and by making its bottom it was able to experience an upward growth.
If you bought this currency in Polback to Gap, and you are now in profit, if you want to buy this currency, this is a logical step to enter.
If the market corrects, you can buy again.
But in case of successful failure of your limit, you can make another purchase in pullback.
Note that this currency has not yet started its growth...
Regular and principled...hello friends
We came up with FANTOM currency analysis.
This potential coin, which is active in the DEFI field, has been able to grow well by forming an upward channel.
Now we have specified the purchase limits for you in case of modification.
Now it is logical to buy one step, but in case of correction, we can wait until the specified areas and then make our purchase.
But in case of successful failure of the channel, we can still buy and move with the specified goals.
Note that this coin has a high growth potential....